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Monstarlab Procures Additional 3 Billion JPY

Nov 24, 2021

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Monstarlab has raised approximately 3 billion JPY in additional funding from JIC Venture Growth Fund 1, a limited partnership for investment operated by JIC Venture Growth Investments Co., Ltd. through a third-party allocation of shares.

 

■Background of Procurement and Future Outlook

Utilising its global digital consulting expertise to identify, develop and implement optimal solutions to issues in its clients’ industries and service areas, Monstarlab supports the promotion of digital transformation from problem analysis and planning to design and development. With the need for existing industries to create value through new business development and business innovation that involves digital transformation, this investment is allocated to expand services to accelerate digital transformation of clients in  specific industries, and contribute to solving social issues by increased productivity, thereby amplifying value and societal impact through the company’s core competencies.

In addition to the global strengthening of talent capabilities and services as well as cross-border M&As, the company will continue to focus  on value creation in the digital area.

As a result of this additional investment, Monstarlab’s capital has increased to 11,987,480,000 JPY (including capital reserves).

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